Originally Posted by
percysmith
It highly depends on what you know to trade.
Apple GC will trade higher than supermarket coupon.
But because second hand market for Apple GC is a lot less liquid than supermarket coupon
I strongly suggest you to trade a small amount (say $5K) (which you can easily use yourself even if you can't sell it)
with one of the traders in
https://forum.hongkongcard.com/forumSE/4-25 (Apple GC will be very hard to trade ATM given there's few Apple products profitable to be traded on the parallel market)
before maxing the cards to $30K.
If you previously traded Apple GC and you confirm your trader is still active, then doing a forced trade this month is not necessary.
You can see user "NewCard" in
https://forum.hongkongcard.com/forumSE/4-25 trying the same thing (establish contact with Apple GC trader) - not sure if he's getting much luck.
Yes not getting a lot of traction with the AGC traders. But i think the market price is ~95 atm. Perhaps thinking of waiting till next month (end of Phase 2 / beginning of Phase 3 to further assess).
The other safer alternative I feel is to warehouse PNS Coupon - I think you can (hopefully) get ~96 during CNY.
What is the highest LT value though... AG? Fortress? Broadway? Think for safety, can always sell Manning/Wellcome/ParkNShop @ ~945... but obviously want to target closer to 96 to make it work